LaSalle Hotel Properties was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 7.9% in the past one-month time frame.

The move came after the news that the company will be acquired by Blackstone.

The company has seen six positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for LaSalle. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

LaSalle Hotel Properties Price

LaSalle Hotel Properties Price | LaSalle Hotel Properties Quote

LaSalle currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Another stock worth considering in the Finance sector is Pebblebrook Hotel Trust (PEB Quick QuotePEB - Free Report) which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.

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